Published on: Wednesday, April 06, 2011
Recruiter Confidence Showing Signs Of Strength
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Two leading indicators of future executive job market expansion – a monthly reading on recruiter confidence and a separate forecast of executive job creation – remain decidedly strong in the face of a variety of cautions about the continued growth of the broader economy, based on market research by ExecuNet.
In April, ExecuNet's benchmark Recruiter Confidence Index revealed that 65 percent of 192 executive search firm respondents are "confident" or "very confident" the executive employment market will improve over the next six months, up four points from March.
Recruiter Confidence Showing Signs Of Strength
Introduced in May 2003, ExecuNet's Recruiter Confidence Index is based on a monthly survey of executive search firms and recognized as a leading indicator for the economy and the executive job market. A reading at 50 percent or above indicates recruiters are "confident" or "very confident" the number of executive search assignments launched by employers in the next six months will increase.
Also in April, ExecuNet's exclusive Executive Job Creation Index revealed an ongoing commitment to business growth, with 38 percent of North American employers expected to add new executive management roles over the next six months.
Introduced in May 2003, ExecuNet's Recruiter Confidence Index is based on a monthly survey of executive search firms and recognized as a leading indicator for the economy and the executive job market. A reading at 50 percent or above indicates recruiters are "confident" or "very confident" the number of executive search assignments launched by employers in the next six months will increase
Joseph Daniel McCool
Joseph Daniel McCool is senior contributing editor with ExecuNet and principal of management recruiting/succession advisory firm The McCool Group. He is also the author of Deciding Who Leads: How Executive Recruiters Drive, Direct & Disrupt the Global Search for Leadership Talent, recognized widely as "one of the best business books of 2008," and its Brazilian Portuguese translation, Escolhendo Líderes, published in June 2010.